Saudi Oil Minister Says Full Aramco IPO Is on Track for 2018

QuickTake Exchanges in London and New York are vying for a role in Aramco’s IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. "We will announce the venue in due course," Al-Falih said in London, where he was attending the ... ( read original story ...)

Crystal Group launches bookbuilding for HK$4.5bn IPO

Clothing manufacturer Crystal International Group has opened books for its Hong Kong IPO, with a view to raise as much as HK$4.5bn ($573.8m) from selling new stock. The company is offering 509.3m primary shares at HK$7.3-HK$8.8 apiece, giving the deal a ... ( read original story ...)

Toys ‘R’ US Asian unit contemplating HK IPO

HONG KONG: Toys “R” Us Inc, the retailer that filed for bankruptcy in North America, has been exploring options for its growing Asian business including a potential initial public offering, people with knowledge of the matter said. The US chain and its ... ( read original story ...)

Aramco IPO ‘is on track’ for 2018, says Saudi oil minister

... a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. "The IPO is on track," he said in London on the sidelines of the annual dinner of the Oil & Money conference. "We will announce the venue in due course." ( read original story ...)

Gym of Choice for Hong Kong Financial Elite Is Seeking a Buyer

Owners of Pure Group, the billionaire-backed gym chain catering to Hong Kong’s financial elite, are seeking a sale that could value the company at as much as $500 million, people with knowledge of the matter said. Pure Group investors, including buyout ... ( read original story ...)

BOC Hong Kong : Date of Board Meeting

As at the date of this announcement, the Board comprises Mr. CHEN Siqing* (Chairman), Mr. YUE Yi (Vice Chairman and Chief Executive), Mr. REN Deqi*, Mr. GAO Yingxin*, Mr. LI Jiuzhong, Madam CHENG Eva**, Dr. CHOI Koon Shum**, Mr. KOH Beng Seng** and Mr ... ( read original story ...)

MARKET BUZZ: Hong Kong’s HSI Edges Lower; HSBC Leads

HONG KONG (Oct 13) -- Hang Seng down 0.2% at 28,420.60 ... Weakness in HSBC drags other HK lenders lower. Hang Seng Bank and Bank of East Asia drop by 0.9% each. Geely Automobile extends correction from record highs, falling 1.5%; poised for weekly ... ( read original story ...)